# Tips for Your PMP Certification

## PMP Certification Formulas: Net Present Value

Project Selection Formulas Future Value Present Value Net Present Value Payback Period Benefit Cost Ratio (BCR) Return on Capital (ROC) Economic Value Add Benefit Measurement (EVA) Opportunity Cost Working Capital Return on Investment (ROI) Discounted Cash Flow (DCF) Depreciation Expected Monetary Value (EMV) Net Present Value $Net Present Value$ or

## PMP Certification: Project Management Knowledge Areas 101—PMBOK® Guide, 6th Edition Update (Part 3)

To complete a project successfully, a project manager needs to determine and implement an appropriate combination of processes from the ten Project Management Knowledge Areas described by the PMBOK® Guide, 6th Edition. A Knowledge Area is an identified area of project management defined by its knowledge requirements and described in terms of

## PMP Certification: Project Management Knowledge Areas 101—PMBOK® Guide, 6th Edition Update (Part 2)

Essential to project success, a project manager must develop knowledge and skills in all ten of Project Management Knowledge Areas. The first article of this three-part series “Project Management Knowledge Areas 101” has described Project Integration Management and Project Scope Management.  Keep on aligning with the PMBOK® Guide, 6th edition, here you

## PMP Certification: Project Management Knowledge Areas 101—PMBOK® Guide, 6th Edition Update (Part 1)

Whether your organization needs to develop an app for children or to build a shopping mall, most of the time delivering such outcomes requires you to use the ten Knowledge Areas of Project Management identified in the PMBOK® Guide, 6th edition. Each article of this three-part series “Project Management Knowledge Areas 101” describes

## How to Record Project Risks into a Risk Register: An Ironclad Checklist

Unless you can predict the future, risks are unavoidable in projects of any size. Unavoidable because, by definition, uncertain. And, if something can go wrong, it will go wrong. Murphy’s Law apart, if risk decides to show up in your project, not necessary it’ll cause you to fall short of